MONARCH STEEL CO., INC. v. STATE OF IND. TAX COM'RS

No. 45T05-8709-TA-00037.

527 N.E.2d 1171 (1988)

MONARCH STEEL CO., Inc., Petitioner, v. State of Indiana TAX Commissioners, Respondent.

Tax Court of Indiana.

September 8, 1988.


Attorney(s) appearing for the Case

Kenneth D. Reed, Hammond, for petitioner.

Linley E. Pearson, Atty. Gen., by Terry G. Duga, Deputy Atty. Gen., Indianapolis, for respondent.


FISHER, Judge.

STATEMENT OF CASE

Monarch Steel Co., Inc. appeals the final determination of the State Board of Tax Commissioners, which held that a portion of Monarch's inventory ultimately sold to out-of-state customers is not exempt from personal property tax under IC 6-1.1-10-30(b). The assessment date was March 1, 1986.

FACTS AND DECISION

Monarch, an Indiana corporation, was a steel service...

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